Where the U.S.-Japan trade deal falls short of Trans-Pacific pact abandoned by Trump
U.S. President Donald Trump has called his new trade deal with Japan a “phenomenal” victory for U.S. farmers.
U.S. economists wrestle with how to help ‘left behind’ areas
Boston Federal Reserve officials have a pretty good idea what helped the ailing industrial town of Lawrence, Massachusetts, start to make a turnaround, including a state takeover of the public school system and a focused effort to lift job options for …
Oil prices on ebb tide as gloom gathers over global economy
Oil prices fell on Monday, extending last week’s heavy losses, with traders fearing the global economic slowdown will weigh on future oil demand growth while pegging hopes for a rebound on progress in talks this week on ending the U.S.-China trade war….
Asian shares up on U.S. jobs report, but caution seen on trade talks
Asian shares edged higher on Monday after data showed the U.S. unemployment rate dropped to the lowest in almost 50 years, easing concerns of a slowdown in the world’s largest economy.
Oil prices slip again amid gathering gloom over global economy
Oil prices fell on Monday, extending last week’s heavy losses, with traders fearing the global economic slowdown will weigh on future oil demand growth while pegging hopes for a rebound on progress in talks this week on ending the U.S.-China trade war….
Asian shares buoyed by U.S. jobs, trade talks in focus
Asian shares edged higher on Monday after data showed the U.S. unemployment rate dropped to the lowest in almost 50 years, easing concerns of a slowdown in the world’s largest economy.
Low inflation? Nothing to worry about, Fed’s George says
Kansas City Federal Reserve Bank President Esther George on Sunday rejected the notion that the U.S. central bank should cut interest rates to try to boost low inflation, which she said is largely a result of global forces that U.S. monetary policy ca…
HSBC to cut up to 10,000 jobs in drive to slash costs: FT
HSBC Holdings Plc is planning to cut up to 10,000 jobs, more than 4% of its workforce, as interim Chief Executive Officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday.
Bayer says October U.S. glyphosate trial delayed until February
A pending U.S. lawsuit over claims related to Bayer’s glyphosate-based herbicide Roundup has been delayed, the company said on Sunday, with a new court date set for February, 2020.
Talks between UAW and GM take ‘turn for the worse’: union official
Talks for a new four-year labor contract between General Motors Co and its striking workers took a “turn for the worse” on Sunday after the United Auto Workers rejected the largest U.S. automaker’s latest offer but the two sides were still talking.